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Ed Crane understands that Donald Trump does not understand trade [2]. A slice:

Not to disparage him, but Donald Trump is a truth-challenged, narcissistic ignoramus. What he doesn’t understand about economics could fill many libraries, and his specialty in economic ignorance is trade policy. For instance, he is incapable of comprehending that tariffs are taxes on American consumers. At the recent G7 summit in Quebec he said, “We as a nation lost $817 billion dollars on trade. That’s ridiculous and it’s unacceptable.”

Actually, that statement is ridiculous and unacceptable. The idea that a trade deficit represents a “loss” to America (or any country) is stunningly stupid. Looked at through Trump’s eyes, the couple hundred bucks I leave at the Safeway each week is accumulating into a pretty impressive loss… Except I bring food and beverages home from the Safeway, numbnuts.

And here’s P.J. O’Rourke on trade [3].

Another person who understands trade is Kevin Williamson [4]. A slice:

Trade protectionism is punching the other guy in the face — with your face.

Ed Stringham, too, understands trade [5].

Mark Perry reports yet more damage to Americans from Trump’s asinine tariffs [6].

David Bier documents some of the Trump administration’s grotesque cruelty toward immigrants [7].

Shikha Dalmia is rightly unimpressed with Trump’s new proposal to get his wall funded by offering temporary relief to the Dreamers [8].

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